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clock Created with Sketch. 12/06/17
18:45
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Originally posted by Samboy69
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Dividend Yield is a big factor but so is whether IO price will rebound higher which will boost FMG sales and margins and cashflow and thereby dividends and debt repayments. SomeInstos are breaking ranks & predicting the IO price will rebound on the back of strong chinese data and global QE led by the US Japan EU & China of $3T"As you might have guessed from their opposing structures, Dragonfly and Gravestone Doji also have opposing implications. The Dragonfly is bullish, while the Gravestone is bearish.when it appears after a downtrend, preceded by bearish candlesticks. It suggests that the trend’s downward direction may soon reach a turning point."
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LoL its the retail traders that join the instos not the other way around and it is the instos that move the market and judging by the volume price spread ratio it was nothing but no demand meaning more supply to come and no interest in higher prices.
(20min delay)